- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Tammy Whitehouse2019-05-16T19:32:00
Efforts to adopt CECL are generally underway in the banking sector, but companies outside financial services may still have plenty to do.
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FASB is formally proposing major changes to effective dates for several significant accounting standards, including a CECL delay for smaller reporting companies.
FASB has signaled it plans to extend CECL for smaller public companies to 2023, along with delaying a number of other effective dates.
FASB is formally considering delaying the required effective date of some of its standards, including credit losses for small public companies.
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